17,872 Shares in Micron Technology, Inc. $MU Bought by Valen Private Capital LLC

Valen Private Capital LLC bought a new position in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 17,872 shares of the semiconductor manufacturer’s stock, valued at approximately $19,035,000. Micron Technology makes up approximately 6.0% of Valen Private Capital LLC’s investment portfolio, making the stock its 5th biggest holding.

Several other large investors have also recently bought and sold shares of the company. Anderson Hoagland & Co. increased its stake in Micron Technology by 185.8% in the 3rd quarter. Anderson Hoagland & Co. now owns 1,126 shares of the semiconductor manufacturer’s stock worth $1,199,000 after acquiring an additional 732 shares during the last quarter. Simplicity Wealth LLC raised its holdings in shares of Micron Technology by 19.1% in the 3rd quarter. Simplicity Wealth LLC now owns 9,650 shares of the semiconductor manufacturer’s stock valued at $10,278,000 after acquiring an additional 1,550 shares in the last quarter. Madrona Financial Services LLC raised its holdings in shares of Micron Technology by 249.9% in the 3rd quarter. Madrona Financial Services LLC now owns 5,399 shares of the semiconductor manufacturer’s stock valued at $5,750,000 after acquiring an additional 3,856 shares in the last quarter. Carolina Wealth Advisors LLC raised its holdings in shares of Micron Technology by 4.6% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 1,826 shares of the semiconductor manufacturer’s stock valued at $1,945,000 after acquiring an additional 80 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its position in shares of Micron Technology by 9.6% during the 3rd quarter. Sowell Financial Services LLC now owns 15,983 shares of the semiconductor manufacturer’s stock valued at $17,024,000 after acquiring an additional 1,396 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MU has been the subject of several recent analyst reports. Seaport Research Partners reissued a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. Cantor Fitzgerald restated an “overweight” rating and issued a $2,000.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Daiwa Securities Group lifted their target price on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Finally, Weiss Ratings upgraded shares of Micron Technology from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Micron Technology has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology Stock Performance

NASDAQ MU opened at $877.55 on Monday. The stock’s 50-day simple moving average is $983.61 and its two-hundred day simple moving average is $883.59. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $992.88 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 0.15 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. During the same quarter in the previous year, the company posted $3.03 earnings per share. The company’s revenue was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Research analysts forecast that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

Insider Activity at Micron Technology

In related news, insider Scott Deboer sold 28,545 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares in the company, valued at $132,687,000. The trade was a 16.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 83,545 shares of company stock valued at $78,460,850. Corporate insiders own 0.24% of the company’s stock.

More Micron Technology News

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Improved industry sentiment: A broad rebound in semiconductor stocks lifted Micron, SK Hynix and SanDisk as investors returned to AI and memory names following a sharp pullback. Why are Micron, SK Hynix, and SanDisk stocks climbing on Friday?
• Positive Sentiment: Favorable supply dynamics: SK Hynix’s decision to abandon a planned U.S. IPO for its Solidigm flash-memory unit could reduce concerns about additional NAND supply entering the market, potentially benefiting Micron and SanDisk. Micron, Sandisk gain as SK Hynix scraps Solidigm IPO
• Positive Sentiment: Analyst and growth support: Erste Group raised its FY2028 EPS forecast to $201.26 from $199.05 and maintained a Buy rating. Analysts continue to point to Micron’s AI-driven HBM demand, improving margins and relatively low valuation as reasons for optimism. Micron earnings estimate update
• Neutral Sentiment: Strategic investment: Micron’s planned investment in U.S. critical-mineral processing supports its domestic supply-chain strategy, although the near-term financial impact is unclear. Micron critical-minerals investment
• Negative Sentiment: Technology execution risk: Micron’s next-generation memory architecture could improve data movement for AI processors, but placing more memory closer to computing units creates difficult cooling and heat-management challenges. Micron’s Next AI Memory Breakthrough Has a Cooling Problem
• Negative Sentiment: Insider selling and volatility: Recent filings show extensive insider selling with no reported open-market purchases, while technical commentary warns that the recovery remains fragile amid ongoing concerns about AI spending, interest rates and valuation.

Micron Technology Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.